RE: EVERYTHING IS CRASHING AGAIN. All coin values are going down the drain. Or are they?

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EVERYTHING IS CRASHING AGAIN. All coin values are going down the drain. Or are they?

in bitcoin •  7 years ago 

I'm just wondering if people will be so enthralled with Bitcoins price, that they'll forget about other cryptocurrencies. If Bitcoin crashed for whatever reason, like you're predicting, wouldn't it be assumed that another cryptocurrency would more or less take its place? People said mining for bitcoin wasn't lucrative back in the day, and I'm sure people who stuck with it would now disagree. Is it even worth mining other cryptocurrencies?

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When Bitcoin goes down, other coins follow it. Just look at coinmarketcap.com and see how the whole page goes red all at the same time.